By utilizing model of dynamic adjustment, we construct foreignexchange reserve equation to judge whether foreign exchange reserve is adequate or surplus.
在此基础上利用动态调整模型确定我国的外汇储备需求方程,并依此来判断我国所持有的外汇储备规模。
2
The adjustment of the exchange rate of RMB should be an active one initiated by China on the basis of its own interest, not a passive one as a result of submission to foreign pressures.
人民币汇率调整应该基于中国利益主动调整,不能迫于外国压力,被动调整。
3
And the foreignexchange rate serves as a state policy tool exert a significant impact of the adjustment on the export trade.